Vietnam’s industries and businesses are advised to better the diversification of markets in 2025, given that unpredictable fluctuations and escalating trade tensions may pose negative impacts on the country’s export activities.

Large international retailers including Aeon, Uniqlo, Walmart, Amazon, Safeway, Carrefour, Decathlon, Central Group and Ikea have been visiting Vietnam seeking partnerships in industrial, agricultural and handicrafts products, said industry insiders and officials.

VOV.VN - The Vietnam International Sourcing Expo 2024 opened in Ho Chi Minh City on June 6, attracting the participation of nearly 300 reputable distribution channels and importers from around the world in an attempt to seek and establish partnerships with Vietnamese suppliers.

Walmart, the renowned retail giant based in the US, expects to turn Vietnam into a goods supply centre of Asia, Andrea Albright, Executive Vice President, Sourcing, for Walmart, has told Minister of Industry and Trade Nguyen Hong Dien.

Nearly 1,000 foreign enterprises from 28 countries and territories, including giants such as Boeing, Walmart, and Central Retail, have entered Vietnam to explore investment opportunities and seek partners since early September.

Deputy Prime Minister Tran Hong Ha on September 12 said that Vietnam wants to join world-leading retailers like Walmart in forming comprehensive inclusive sustainable ecosystems with long-term commitment to benefit sharing in the consumer goods supply chain.

VOV.VN - Vietnam is one of the world’s leading exporters of agricultural products and foods, although the proportion of its products directly exported to global distribution systems remains modest, reported Nhan Dan (People’s Daily).

The Vietnam International Sourcing 2023, which will be hosted by the Ministry of Industry and Trade (MoIT) from September 13 – 15 in Ho Chi Minh City, is expecting to attract about 150 business delegations from 30 countries and territories worldwide.

Vietnam International Sourcing 2023 will take place in Ho Chi Minh City from September 13-15, aiming to support domestic firms to engage more deeply into the global production and supply chains.

VOV.VN - US retailer Walmart is set to send Walmart senior personnel to attend the Vietnam International Sourcing Expo 2023 this September to explore cooperation opportunities with Vietnamese businesses.